Loan to Buy Smoothie King health Food Store Franchise Issued By Synovus Bank Of Tampa Bay

Borrowing money to invest in a Smoothie King health Food Store franchise? Synovus Bank Of Tampa Bay has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Smoothie King health Food Store franchise shouldn't be too tough. In 2007, Synovus Bank Of Tampa Bay issued an SBA franchise loan to an entrepreneur in Trilby, Florida. Because Smoothie King health Food Store was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

SMOOTHIE KING
TRILBY, FL 34655

SBA Loan Lender

SYNOVUS BANK OF TAMPA BAY
12450 ROOSEVELT BLVD
SAINT PETERSBURG, FL 33761

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

446191 - Food Supplement Stores

Loan Approval Date

7/11/2007

Loan Approval Gross Amount

$418,700

Loan Approval from the SBA

Of the total $418,700 loan amount, the SBA guaranteed $314,025.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Smoothie King health Food Store franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the loan would help generate 9 new jobs and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Synovus Bank Of Tampa Bay that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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